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Country A does 90% of its trade with Country B and 10% with country C If Country A's exchange rate index was 100 last year
Country A does 90% of its trade with Country B and 10% with country C If Country A's exchange rate index was 100 last year and the only change since last year has been that country C's currency has appreciated 10% against both A and B. What is country A's exchange rate index today? (expressed so a higher number means a stronger currency)
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